Wholesale, Retail Trade Sales Value Rises To 97.7 Billion In August 2017

Last update: 13/10/2017

KUALA LUMPUR, Oct 13 (Bernama) -- Malaysia's wholesale and retail trade sales value improved 9.8 per cent to RM97.7 billion in August 2017 as compared to the corresponding period in 2016.

In a statement today, the Department of Statistics Malaysia said the sales value consisted of wholesale trade valued at RM47.4 billion, retail trade (RM38.0 billion) and motor vehicles (RM12.3 billion).

It said the positive growth was contributed by the retail trade (13.4 per cent).

The domestic wholesale and retail volume index trade rose 7.9 per cent to 158.3 points in August 2017 as compared to August 2016, backed by the increase in retail trade, it said.

"The retail trade increased 11.9 per cent while seasonally-adjusted volume index of wholesale and retail trade grew 1.2 per cent as compared to the preceding month," it said.....